Jim DeMare is president of Global Markets for Bank of America and is a member of the company’s Executive Management Team, Management Risk Committee and Operating Committee. He also co-chairs the Global Markets Risk and the Global Reputational Risk Committees.
DeMare has more than 25 years of financial services industry experience. Prior to joining Bank of America in 2008, he held various management and senior trading positions in fixed income at Citigroup, Salomon Brothers and Bear Stearns.
Under his leadership, Global Markets is focused on supporting Bank of America’s institutional and corporate clients with their financial market activities globally. Global Markets provides market-making, financing, securities clearing and settlement services across debt, equity, commodity, and foreign-exchange markets world-wide.
DeMare also oversees the globally recognized BofA Global Research division, which includes the Bank of America Institute, and the Global Commercial Real Estate Lending business.
He serves as an executive sponsor of Bank of America’s Cultural and Heritage employee network and co-sponsors Bank of America’s Developing and Engaging African American Leaders (DEAL) employee network, which is focused on promoting African American and Black talent across the company.
DeMare is also New York City market sponsor for Bank of America and serves as a trustee for Prep for Prep, a leadership development program that provides opportunities for diverse students. DeMare is also a member of the Dean’s Council at Weill Cornell Medicine.
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